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An announcement from Impex Ferro Tech Ltd ( (IN:IMPEXFERRO) ) is now available.
Impex Ferro Tech Ltd, which is currently undergoing a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, has initiated steps to invite potential resolution plans to revive the company. The resolution professional has published a formal invitation for expressions of interest via Form G in line with regulatory requirements, signaling the start of a structured search for prospective investors or resolution applicants, a move that could determine the company’s future ownership structure, debt resolution and continuity of operations, with direct implications for creditors and other stakeholders.
More about Impex Ferro Tech Ltd
Impex Ferro Tech Ltd is an Indian ferro alloys manufacturer, operating in the metals and mining value chain and catering primarily to steel producers through the supply of processed ferro products used in steelmaking and related industrial applications.
Average Trading Volume: 2,546
Technical Sentiment Signal: Sell
Current Market Cap: 146M INR
See more insights into IMPEXFERRO stock on TipRanks’ Stock Analysis page.